Announced
Completed
Financials
Tags
United States
shipyard services
Ports
Acquisition
Domestic
Majority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
Aurora Capital Partners-backed VLS Environmental Solutions, a provider of marine services with barge cleaning and repair facilities, completed the acquisition of Plaquemine Point Shipyard, a provider of full-service barge cleaning and repair along the Mississippi River. Financial terms were not disclosed. "We are excited to expand our Specialty Cleaning and Repair Services with the acquisition of Plaquemine Point Shipyard. We welcome the outstanding PPSY team to the VLS organization and are excited to utilize our combined strengths to continue providing high quality service to our customers in the region," John Magee, VLS CEO.
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